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It really does not matter, if they have one art/adt on the market by next fall, the other generics will be almost meaningless.
I am sure we will hear the answer to your question even before it is asked.
IF it were easy everyone would do it. If you are confident, sell.
I know folks who did that a few months ago, when it went up to .22 they sold.
Enough said
"So Pfizer cannot pull it off but penny company Elite can."
Yes that is true, and it will not be the last time a smaller company beats a larger company to the punch.
We will file this fall.
O gee I don't know who said that?? lol
It has been said
Elite will never get the funding to begin trials for there ART. Wrong
Elite trials will fail. Wrong
Elite will never get to the point of filing for an nda for their ART. Wrong
Now Elites odds of approval are very low (check out camargo's track record btw ) We shall see.
Whats next after approval? lol
Long and strong
ELTP
Many buy on rumor sell on news no matter what.
The 10k was great,but expected,
THe CC will be very very interesting.
I am going to go out on a limb and say we close at .44.
It really does not matter long term, Elites ART is coming.
Very nice.
That also stood out to me.
"The "miracle" continues"
You bet ya, what a turn around from 3 years ago!!!
A good number of folks who bought in the .30s are selling now.
Assuming we will go down on news and went up on rumor.
Looking forward to CC
"I am seeing big resistance right here at the .45 - .47 level...but I agree... anything that could take ELTP back over .60 could easily take it on up to dollar land now…"
We are chewing up a good number of .45s this am.
Would love to see this resistance broken.
Yes that may very well have been timed.
IMO that act was an exception to the rule.
Things change, we shall see.
GLTU
I don't think we will get "big news".
Elite does not try to time its developments. imo
U expect very nice Q over Q growth to continue.
In the CC I expect to hear things are on track and that they will file at least one NDA for an ADT?ART product by eoy.
None of the will be big or new news.
Just a continuation of the process.
I don't know what the share price will be later this week, but in 12 months I would expect we will be in the 2-3 dollar range if things continue to progress.
GLTA
ELTP
I don't know when, but at some point in the next 6 months or so I believe ELTP will eclipse the high set earlier this year.
Might start on a tare Monday, or it might be Nov.
In either case I will wait for Elite to get its ART to Market to sell.
At that point IMO we will be between 3 and 5 dollars.
We shall see
ELTP
I don't think folks realize that ELTP longs, specially those from the 2011 turn around are not selling until Elite brings its ART to market. And that all the arguments being used now, have been heard before, many times.
Nice try 200 day ma increasing a little every day.
Yes Elite could go back to .05.
If they lose all their current and future pipeline and they are unable to get ART to market, jt and Nasrat die of heart attacks and the USA is over taken by aliens.
Why do you suppose the CEO is taking locked up shares for salary, bought 11 million on the open market. Because it will eventually settle back down?
Do you think (Nasrats shares from salary, and the unsecured loan that he converted to locked up shares for 3 years) that he is planning on selling those back down under a dime?
I think he is certain his shares will be worth far more than they are now.
How many of his personally accumulated un locked up shares did he sell on the last run?
Let me see....Zero. Why?
I think you know.
"Don't forget to factor in the multi- Billion dollar pipeline of ART drugs.
One ART will launch me into retirement !!!"
Ya me to.
It amazes me the arguments to sell ELTP have not changed even though the company is knocking over milestone after milestone and the price continues to increase.
Following their advice would have lost me this investment that has changed my and my families future.
IMO those that listen now will miss another huge op.
GLTU
I was accumulating below a dime for a long time, Well over a year.
I was vert ready for it to move out of that range, but in hind site I am glad it stayed there so long.
"Been range bound for to long IMO...50's are the old 40's soon... Can I get an AMEN...?"
Yes I am also ready.
Welcome back
A;ways good to hear the opinion of a pure trader.
More traders means more eyes on Elite and some will stay as long term investors.
I know you have stated you have a small core position.
IMO (guess) we will have a new base above .50 for a month or two before this fall when I think we will take another much larger jump.
Link to info on gray sheet stock trading.
All new to me
http://www.extraordinaryinvestor.com/grey-sheets.html
just checking back in .
Any progress here?
"Just ONE ART launch for retirement"
They are steam rolling it toward market.
The next 12 months are going to be one heck of ride. imo
Glad to see the new hires, as it was stated they did not hire them because they want to lose money.
THe CC will be very interesting.
ELTP
5 million, gave up and sold yesterday at .0012.
I salvaged very little.
Crooks
Yup and it might go lower.
I am unable to time every buy and sell.
I have looked at the fundamentals and am very confident that my buy today will look very savvy in the coming months. The charts don't tell me that but the trajectory of everything to do with the company does. So when I have the cash, I pick up a few more shares.
If Elite gets one ART to market I retire, if not , I have a purchased a rapidly growing generic drug company.
I am willing to take that risk.
Sounds a little like a horoscope instead os chart reading. lol
Nothing personal intended.
GLTU
I would think that someone who wanted to get out for over a year at .125 would be over joyed to sell me 13k shares at .4310.
If I am nearly four times my price target, I would be very happy to sell and take the profit.
Sitting on the bid, I don't really need anymore but I can not think of a better place to park it for a year or two. Very LG spread or might slap the ask.
It happened before LPC.
Ya I want to know also. lol
Whats interesting is that before the LPC deals we were much lower, and shockingly we had big volume days/weeks/months were the buys would out pace the sells and other periods were sells would out pace the buys. How could that happen without LPC?
Could it be normal trading???????
Form 4 Please.
So you do not take into account Elite potential abuse tech.
To you it does not matter if it is bubble gum?
If the insiders keep dumping into news like they have over the last 2 weeks and we will be over a dollar shortly.
BTW where did you learn this trading method where fundamentals are completely meaning less.
I bet not Donald Trump.
I really like that, made me laugh.
"My pure speculation has been correct so far. LOL"
John_Langston Member Level Tuesday, 05/20/14 02:43:50 PM
Re: rdragon post# 109472
Post # of 109489
We will probably hear it again at 0.07. LOL
I noticed you finished both statements with lol, appropriate indeed.
So you account only for charts and patterns/trends?
You place no value in fundamentals, is that why you predicted .07 , because you do not take into account any of the positive fundamental changes the company has made.
Charts without DD go only so far.
I have traded a small % , not always well.
But on the 90 plus % of my position I have held I am doing very well, mot because of charts but because of the progression of Elites ART and generic drug business. Thats why we are not going to .07 like you predicted.
So you account only for charts and patterns/trends?
You place no value in fundamentals, is that why you predicted .07 , because you do not take into account any of the positive fundamental changes the company has made.
Charts without DD go only so far.
I have traded a small % , not always well.
But on the 90 plus % of my position I have held I am doing very well, mot because of charts but because of the progression of Elites ART and generic drug business. Thats why we are not going to .07 like you predicted.
I think we will rise so quickly that all our flash drives on our pc's will melt.
Has anyone been able to speak to ir, not returning my calls and never answers (over last week or so )
Really nice post, I could not have said it any better.
So you account only for charts and patterns/trends?
You place no value in fundamentals, is that why you predicted .07 , because you do not take into account any of the positive fundamental changes the company has made.
Charts without DD go only so far.
I have traded a small % , not always well.
But on the 90 plus % of my position I have held I am doing very well, mot because of charts but because of the progression of Elites ART and generic drug business. Thats why we are not going to .07 like you predicted.
Oh its headed that way. lol
Any day now I would think.
So have you taken the time to look into Elites ART and what other techs are out there.
What tech, do you prefer and why, you must certainly think Elite will fail or you would not have thought it was going to .07. So what method will be better than Elites?
Looking forward to the CC and the Q.
I also would not be surprised to have another pr before the eow.
The company continues to make huge strides, and as Couch says Elite is bringing their ART to market and there is nothing anyone (especially on this board) can do about it
I will also retire after one ART.